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From: smh@mhuxl.UUCP (henning)
Newsgroups: net.kids
Subject: Re: wills
Message-ID: <356@mhuxl.UUCP>
Date: Sat, 7-Dec-85 00:03:49 EST
Article-I.D.: mhuxl.356
Posted: Sat Dec  7 00:03:49 1985
Date-Received: Sat, 7-Dec-85 20:33:06 EST
References: <772@drutx.UUCP>
Organization: AT&T Bell Laboratories, Murray Hill
Lines: 22

****                                                                 ****
From the keys of Steve Henning, AT&T Bell Labs, Reading, PA mhuxl!smh

> Our pediatrician asked us to consider preparing a will and
> establishing a trust fund after the birth of our first child. 
> It was during our second well-baby check that he brought it
> up, and at first I was shocked!  I mean, the thought of me 
> dying, or even worse, the thought of both parents dying, was 
> the last thing on my mind.
> Also, setting up a trust fund insures that your child will have
> funds to take care of him, but that the money won't be spent by 
> your 18-year old to tour the world, donate the money to a
> religious cult, or buy a Rolls Royce.  You can make any
> stipulations to the trust you want to. 

One thing that I think that is more important is naming guardians.
It is not terribly desirable to let a court decide the fate of
the surviving child and fights between next of kin do not always
provide the best transition for the child.  I know of several cases
where the persons named to be guardians were not kin, but friends
who were close to the family and had a better situation to accept
the child.